Family Takaful Plan

The essence of Takaful focuses on the Islamic principle of cooperation between members of the community who participate in bearing the financial repercussions resulting from the risks and dangers that await us in life. And this is done according to a solidarity program that is compliant with Shariah laws and approved by the Al Rajhi Takaful Shariah Committee.

Takaful Plans offer you a full range of services, products and solutions, addressing your needs and providing you with efficient support from our dedicated team of experts and insurers. These Plans will fulfill your requirements according to Takaful principles and will enable you to take care of your loved ones in case of any unexpected and unforeseen accidents (God forbid).

The Family Takaful Plan will offer you coverage for a period of five years in the event of death (God forbid) or total permanent disability for fixed premiums. After all, in life unfortunate events cannot always be avoided no matter how careful you are; therefore, you need to protect your loved ones and yourself.

All you have to do is subscribe to this Plan, which allows you to easily make that protection a reality.

We designed this high quality Plan with fixed and affordable prices so that you enjoy the protection you and your family need. These prices depend on the total coverage amount and on the age of the participant. Through this Plan you can receive coverage as high as SR 150,000.

Deliberate self-injury or attempted suicide by the participant, alcohol consumption, effects of drugs or any other illegal substances

Aids - HIV infection - or any other effects due to these diseases

Participation in dangerous sports or competitions such as horseback riding, car racing, etc.

Carriage on any aircrafts like travel on private aircraft, except the one paid in accordance with known airlines and under the international airlines’ regulations or the lease service

Nuclear weapons or any other related components or emitted materials including, and not limited to, ion radiation, radioactive contamination due to nuclear fuel or combustion, remnants of nuclear fission or any other similar material, whether for peaceful or military purposes

Court decisions or those issued by a defined judiciary authority under the Kingdom’s regulations by force

Any violation of Islamic Shariah

Any death, incapacity, illness or injury that occurs directly or indirectly before the effective date of Takaful policy and was not disclosed while applying for the Plan